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SASI KUMAR SEBI RA

10th Dec · SEBI-Registered Analyst

Highway Infrastructure – Shares in Focus After Big NHAI Order

Highway Infrastructure received a Letter of Acceptance (LOA) worth ₹328 crore from NHAI to operate the Kaza fee plaza on NH-16 in Andhra Pradesh. This is a major positive trigger for the company. Key Highlights: • New Order: ₹328 crore LOA from NHAI • Recent LOAs: - ₹69.8 crore for a fee plaza in Uttar Pradesh - ₹18.97 crore toll plaza project in Rajasthan • Profit Jump: Q2 profit rose to ₹9.7 crore vs ₹1.6 crore YoY • Revenue: ₹115.3 crore vs ₹119.39 crore YoY • Share Price: Closed at ₹62.09 (+1.84%) • 52-Week Range: - High: ₹134.89 - Low: ₹59.80 • Currently 54% below its high and just 4% above its low • Market Cap: ₹445 crore What this means: Winning multiple NHAI contracts boosts business visibility. But the share is trading near its 52-week low, so investors usually watch how consistently the company can execute and grow profits.

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